News

Karapetyan: "Electric Networks of Armenia" is not for sale - not even to a foreign owner

The owner of the Tashir group stated that first the company must be returned, and only then can its fate be discussed

Armenia Announces Plans to Diversify Gas Supplies

Yerevan is considering gas imports from several countries and the possibility of building a gas pipeline as part of the TRIPP project

Armenia Prepares to Nationalize "Electric Networks": The State Wants to Buy Out the Company Before October 2027

Authorities plan to acquire 100% of ESA shares from "Tashir Capital," compensating the owner based on an independent valuation

Armenia Aims to Make High-Tech Market More Attractive for Investors

Authorities discussed investment conditions, talent development, and cooperation with international companies with tech businesses

Armenia and France Prepare New Space Partnership

Nikol Pashinyan expressed interest in more substantive cooperation with Paris in the space sector

Ucom Expands 5G Across Armenia: Network Now Covers 48 Cities

The operator is modernizing infrastructure, increasing bandwidth, and implementing AI to improve mobile communication quality

Pashinyan promised Armenia three new satellites and a network of ground stations

Two satellites for Earth observation and one for telecommunications

Armenia to allocate about 2 billion drams for road repairs to schools

Repairs are already underway in six regions and are expected to be completed by November

Yerevan to Establish Traffic Management Center - City to Be Controlled by Data

The new structure will analyze traffic flows, manage public transport, and implement "smart" traffic lights

Wizz Air to expand Yerevan base - fourth aircraft to open three new destinations

The airline will expand its presence at Zvartnots Airport, adding flights to Switzerland, Spain, and Bulgaria

Armenia to Block Unlicensed Gambling Sites Starting 2027

Starting February 8, internet providers will have a mechanism to restrict access to foreign resources operating outside the Armenian regulatory system.

Armenia Proposed Reducing Visa Fees for Non-Cash Payments

Deputy Prime Minister Mher Grigoryan called for discussions with partner banks to reduce costs for businesses and clients when paying via POS terminals

Electricity Generation in Armenia Sharply Increased - Almost 6.1 Billion kWh in Seven Months

From January to July, electricity production increased by 9.4%, with a particularly notable rise in generation at thermal power plants

Armenia and UAE Prepare New Projects in Manufacturing and Energy

In Dubai, ministers discussed the creation of distribution centers, agricultural product processing, production of goods for the UAE market, and the development of green energy.

International Consortium to Build Waste Processing Plant in Yerevan

Two companies participated in the tender, and a joint venture involving Chinese, Arab, and Armenian businesses emerged as the winner.

Armenia's Communication Sector Revenue Rises to 104.1 Billion Drams

Revenue from the creation and broadcasting of television programs amounted to 5.7 billion drams

DP World may join "Dry Port" project in Gyumri - Armenia seeks major logistics partner

The government expects to transform the new complex into a multimodal hub connected to Shirak Airport, the railway, and the "North-South" corridor

Armenia's Public Debt Decreased

In the first half of the year, authorities reduced borrowing amidst faster-than-expected growth in budget revenues, while in dollar terms, the debt remained almost unchanged.

Углеродный налог поможет Армении сократить выбросы и улучшить качество воздуха

TRIPP could begin construction as early as 2027

The preparation of the project's feasibility study is expected to be completed by the end of 2026, and the US has already allocated approximately $201 million

US played the "chip card" for Armenia and Azerbaijan - WSJ revealed negotiation details

Washington could have used Armenia's access to advanced Nvidia chips as an additional incentive for a preliminary peace agreement

Electric Networks of Armenia to upgrade 27 substations - some have been operating since the 1930s

Large-scale modernization should improve the reliability of electricity supply in Yerevan and two regions of the country

Expansion of Armenia's Solar Energy Will Require Investment in Grids and Storage

Rapid increase in solar generation will require not only new stations but also powerful energy storage systems

Armenia discusses cooperation with the Czech Republic on spent nuclear fuel storage

Yerevan expects to use Czech capabilities and experience in nuclear energy amid the extension of the plant's operation

Armenia wants to equip new metro with Czech equipment - negotiations are already underway

Yerevan expects to attract Czech technology and experience for the development of urban rail transport

Yerevan Begins Large-Scale Road Reconstruction - Three Projects Set to Transform City Traffic

New interchanges will connect key highways, relieve congestion, and reduce travel times between districts of the capital.

Newborns can now be registered online in Armenia

Parents only need to identify themselves through the national platform

Yerevan prepares for a new scale of metro - the capital wants to build at least four new stations

New sections should connect Achapnyak, Academic City, and Charbakh station, creating the possibility for circular train movement

Armenia and Iran want to launch a "simplified customs corridor" - the border will be digitalized

The new mechanism will allow for advance data exchange on cargo, transport, and carriers even before crossing the border

Scammers from Abroad Defraud Armenian Residents of Nearly $3 Million via WhatsApp and Viber

The perpetrators impersonated NSS and Central Bank employees, using fake accounts of well-known individuals